TAP-A Consumer Defensive

Molson Coors Beverage Company

$44.11-1.98%

Price as of close on Nov 2, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Consumer Defensive
Industry: Beverages - Brewers
Country: United States
Market cap: 8.2B USD
Enterprise value: 13.0B USD
Full-time employees: 16,200

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback: higher risk than most peers: less short-term liquidity (current ratio 0.88 vs a peer median of 1.52) and more debt relative to equity (0.76× vs a peer median of 0.42×)higher risk: less liquidity (current ratio 0.88 vs peers 1.52) and more debt vs equity (0.76× vs peers 0.42×)

Ranks #729 of 761 consumer defensive companies (bottom 5%)

See how it ranks against its peers

Worth knowing

Earnings slid into a loss. Loss per share this year after a profit last year.
Molson Coors Beverage made a loss per share in its latest year after a profit the year before.
Operating margin at a 6-year low. -21% in 2025, the weakest of the last 6 years.
Molson Coors Beverage's operating margin fell to -21% in 2025, its lowest in the 6 years of filings we have.
Valuation signals disagree. Cheaper than 85% of peers on free cash flow, but only 0% on earnings.
Relative to its free cash flow, Molson Coors Beverage looks cheaper than 85% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Loss over 12 months, profit last quarter. Lost money in the 12 months to June 2026, but made a $232M profit in the quarter to June 2026.
Molson Coors Beverage reported a net loss over the last twelve months, but its most recent quarter was profitable ($232M). One quarter isn't a trend, but it's closer to profitability than the 12-month figure suggests.

StockQuotient Score

17/ 100▼ 1 since Oct 27 close

Oct 5 18 → Nov 4 17 (-1)

Valuation

Is the price right?

20/100

Weak▼ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 21 → 20

Share price +4.5%-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Weaker than most peers on:

▼ Earnings yield
▼ EBITDA yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-27.9%

SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.51Sector median: 0.0453 · MAD: 0.0301

EBITDA yield-12.9%

SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -1.99Sector median: 0.0865 · MAD: 0.0435

Free cash flow yield16.0%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score 2.22Sector median: 0.0622 · MAD: 0.0441

Other data (not scored)

Book yield122.2%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.5381 · MAD: 0.2865

Growth

Is it growing?

16/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ EPS growth
▼ 3-yr revenue
▼ Revenue growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growthUnavailable

Earnings per share turned from a profit to a loss33% base weight · Z-score -2.08Sector median: 0.0154 · MAD: 0.2529

3-year revenue growth-0.3%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -0.84Sector median: 0.0366 · MAD: 0.0470

Revenue growth-1.8%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.78Sector median: 0.0278 · MAD: 0.0585

Profitability

Does it earn well?

2/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Operating margin
▼ ROA
▼ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin-22.7%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score -3.12Sector median: 0.0759 · MAD: 0.0508

Return on assets-9.5%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score -3.62Sector median: 0.0396 · MAD: 0.0262

Return on invested capital-12.7%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -3.02Sector median: 0.0766 · MAD: 0.0673

Other data (not scored)

Gross margin37.0%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.3182 · MAD: 0.1263

Return on equity-22.8%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0831 · MAD: 0.0675

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last quarter: Changed: worth a look

Debt up 22%

Why

Weaker than most peers on:

▼ Current ratio
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta0.42

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -0.08Sector median: 0.4070 · MAD: 0.1690

Current ratio0.88×

SEC filings · latest balance sheetReported value33% base weight · Z-score -1.00Sector median: 1.5250 · MAD: 0.6460

Debt / equity0.76×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.95Sector median: 0.4234 · MAD: 0.3581

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Molson Coors Beverage

Is Molson Coors Beverage getting weaker?: Its latest SEC filing (Aug 6, 2026) showed no major changes: debt up 22%. Its overall score is 17/100, down 1 since Oct 28, 2026.
How is Molson Coors Beverage valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 20/100 against 823 consumer defensive peers. Free cash flow yield 16.0% vs a peer median of 6.2% (stronger than 85% of peers).Free cash flow yield 16.0% vs peers 6.2% (stronger than 85% of peers). Earnings yield -27.9% vs a peer median of 4.5% (weaker than 100% of peers).Earnings yield -27.9% vs peers 4.5% (weaker than 100% of peers).
Is Molson Coors Beverage growing?: More slowly than most of its peers. Growth scores 16/100 against 823 consumer defensive peers. 3-year revenue growth -0.3% vs a peer median of 3.7% (weaker than 72% of peers).3-year revenue growth -0.3% vs peers 3.7% (weaker than 72% of peers).
How profitable is Molson Coors Beverage?: Less profitable than most of its peers. Profitability scores 2/100 against 823 consumer defensive peers. Operating margin -22.7% vs a peer median of 7.6% (weaker than 100% of peers).Operating margin -22.7% vs peers 7.6% (weaker than 100% of peers).
How risky is Molson Coors Beverage?: Higher risk relative to 823 consumer defensive peers, judged on debt, liquidity and share-price swings. Current ratio 0.88× vs a peer median of 1.52× (weaker than 82% of peers).Current ratio 0.88× vs peers 1.52× (weaker than 82% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Dec 31, 2025

No major changes

Debt up 22%

Worth watching: Molson Coors Beverage is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.

	Previous quarter	Latest quarter	Change
Revenue (12 months)	11.1B USD	11.1B USD	−0.5%
Net income (12 months)	−2.1B USD	−2.3B USD	+7.8%
Operating margin	-21.0%	-22.7%	−1.7 pts
Free cash flow (12 months)	1.1B USD	1.3B USD	+24.2%
Debt	6.3B USD	7.7B USD	+22.4%
Cash	896.5M USD	2.1B USD	+137.4%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Consumer Defensive · 91 companies

Valuations in Consumer Defensive are within their usual range since 2016.

30% of months since 2016 were valued lower than now.
18% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values −4% and earnings +7% (medians): prices and earnings moved broadly together.
Median price-to-sales is −58% vs the whole market, against a usual −39%.

2016Shaded: most expensive fifth of its range2026

Shown for Consumer Defensive: too few Beverages - Brewers companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Gross margin	39.4%	34.2%	37.3%	39.0%	38.4%	▼ 0.6 pts
Operating margin	14.1%	1.5%	12.3%	15.1%	-21.0%	▼ 36 pts
Net margin	9.8%	-1.6%	8.1%	9.7%	-19.2%	▼ 29 pts
Return on assets (ROA)	3.6%	-0.7%	3.6%	4.3%	-9.4%	▼ 14 pts
Return on equity (ROE)	7.5%	-1.4%	7.2%	8.6%	-20.9%	▼ 29 pts
Free cash flow margin	10.2%	7.9%	12.0%	10.6%	9.6%	▼ 1.0 pts
Current ratio	0.77×	0.78×	0.70×	0.94×	0.55×	▼ 41%
Quick ratio	0.54×	0.55×	0.50×	0.70×	0.42×	▼ 40%
Debt to equity	0.53×	0.52×	0.47×	0.47×	0.62×	▲ 31%
Interest coverage	5.59×	0.63×	6.15×	6.20×	-9.43×	▼ 252%

TAP-A price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Drawback: higher risk than most peers: less short-term liquidity (current ratio 0.88 vs a peer median of 1.52) and more debt relative to equity (0.76× vs a peer median of 0.42×)higher risk: less liquidity (current ratio 0.88 vs peers 1.52) and more debt vs equity (0.76× vs peers 0.42×)

Ranks #729 of 761 consumer defensive companies (bottom 5%)

See how it ranks against its peers

Worth knowing

Earnings slid into a loss. Loss per share this year after a profit last year.

Molson Coors Beverage made a loss per share in its latest year after a profit the year before.

Operating margin at a 6-year low. -21% in 2025, the weakest of the last 6 years.

Molson Coors Beverage's operating margin fell to -21% in 2025, its lowest in the 6 years of filings we have.

Valuation signals disagree. Cheaper than 85% of peers on free cash flow, but only 0% on earnings.

Relative to its free cash flow, Molson Coors Beverage looks cheaper than 85% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.

Loss over 12 months, profit last quarter. Lost money in the 12 months to June 2026, but made a $232M profit in the quarter to June 2026.

Molson Coors Beverage reported a net loss over the last twelve months, but its most recent quarter was profitable ($232M). One quarter isn't a trend, but it's closer to profitability than the 12-month figure suggests.

Questions investors ask about Molson Coors Beverage

Is Molson Coors Beverage getting weaker?

Its latest SEC filing (Aug 6, 2026) showed no major changes: debt up 22%. Its overall score is 17/100, down 1 since Oct 28, 2026.

How is Molson Coors Beverage valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 20/100 against 823 consumer defensive peers. Free cash flow yield 16.0% vs a peer median of 6.2% (stronger than 85% of peers).Free cash flow yield 16.0% vs peers 6.2% (stronger than 85% of peers). Earnings yield -27.9% vs a peer median of 4.5% (weaker than 100% of peers).Earnings yield -27.9% vs peers 4.5% (weaker than 100% of peers).

Is Molson Coors Beverage growing?

More slowly than most of its peers. Growth scores 16/100 against 823 consumer defensive peers. 3-year revenue growth -0.3% vs a peer median of 3.7% (weaker than 72% of peers).3-year revenue growth -0.3% vs peers 3.7% (weaker than 72% of peers).

How profitable is Molson Coors Beverage?

Less profitable than most of its peers. Profitability scores 2/100 against 823 consumer defensive peers. Operating margin -22.7% vs a peer median of 7.6% (weaker than 100% of peers).Operating margin -22.7% vs peers 7.6% (weaker than 100% of peers).

How risky is Molson Coors Beverage?

Higher risk relative to 823 consumer defensive peers, judged on debt, liquidity and share-price swings. Current ratio 0.88× vs a peer median of 1.52× (weaker than 82% of peers).Current ratio 0.88× vs peers 1.52× (weaker than 82% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

11.1B USD

11.1B USD

−0.5%

Net income (12 months)

−2.1B USD

−2.3B USD

+7.8%

Operating margin

-21.0%

-22.7%

−1.7 pts

Free cash flow (12 months)

1.1B USD

1.3B USD

+24.2%

Debt

6.3B USD

7.7B USD

+22.4%

Cash

896.5M USD

2.1B USD

+137.4%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Gross margin

39.4%

34.2%

37.3%

39.0%

38.4%

▼ 0.6 pts

Operating margin

14.1%

1.5%

12.3%

15.1%

-21.0%

▼ 36 pts

Net margin

9.8%

-1.6%

8.1%

9.7%

-19.2%

▼ 29 pts

Return on assets (ROA)

3.6%

-0.7%

3.6%

4.3%

-9.4%

▼ 14 pts

Return on equity (ROE)

7.5%

-1.4%

7.2%

8.6%

-20.9%

▼ 29 pts

Free cash flow margin

10.2%

7.9%

12.0%

10.6%

9.6%

▼ 1.0 pts

Current ratio

0.77×

0.78×

0.70×

0.94×

0.55×

▼ 41%

Quick ratio

0.54×

0.55×

0.50×

0.70×

0.42×

▼ 40%

Debt to equity

0.53×

0.52×

0.47×

0.62×

▲ 31%

Interest coverage

5.59×

0.63×

6.15×

6.20×

-9.43×

▼ 252%